2018-09-27 | BSD/DIR/GEN/LAB/11/019 /7

Exposure Draft- Guidelines on the Practice of Smoothing the Profit Payout to Investment Account Holders

The Central Bank of Nigeria outlines guidelines for non-interest financial institutions to smooth profit payouts to investment account holders. Smoothing techniques, such as profit equalization and investment risk reserves, are used to maintain competitive returns for unrestricted investment account holders and manage liquidity challenges. Governance committees and advisory committees of experts are responsible for overseeing the process and protecting the interests of investment account holders.

Nigeria

Central Bank of Nigeria

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